SHANGHAI: Asian stocks came under renewed pressure on Wednesday and the price of oil surged past $110 per barrel as investors worried about the impact of aggressive sanctions against Russia for invading Ukraine.
European bourses were set for a weak open after Tuesday's drubbing, with Euro Stoxx 50 futures down 0.13% and German DAX futures 0.17% lower in early deals. FTSE futures rose 0.34%.
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